$840,000
SOLD FEB 28, 2025

4 W Mechanic St New Hope, PA 18938

2 Beds
1.5 Baths
1,728 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$486 Per Sq Ft

16% Below List Price

480 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Attic
  • New Hope-Solebury Upper Elementary School Rated A
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of February 2025

A unique and historic opportunity awaits at 4 W. Mechanic Street in the very heart of downtown New Hope and in the hub of the town’s flourishing business and shopping district. Recognized as the oldest stone house by the New Hope Historical Society and part of the original Vansant Estate, is a one-of-a-kind property with both commercial/residential capabilities and extraordinary yesteryear detail with a historic past. This charming and versatile mixed-use property offers space for either a showroom or trade with its two levels of space. On the first floor you will find a cozy living room with a decorative fireplace, half bath and bedroom with a second period decorative fireplace. Head upstairs to discover a second bedroom with decorative fireplace, living space, full bath and kitchenette. Additional storage space can be found in the full basement and walkup attic. Attractive stonework, wide plank pine floors, deep window sills and a private courtyard to enjoy the changing of the seasons are just a few elements that give this space distinctive personality and exude charm. Whether you have plans to live where you work, establish a chic boutique or art gallery, this versatile space truly offers a wonderful opportunity to be the next curator. Look no further and take advantage of this highly sought-after location and remarkable river town to launch your vision or promote your business to the next level!

Last Agent to Sell the Property

Jay Spaziano

Jay Spaziano Real Estate License #RM423834 Listed on: 09/30/2023

Co-Listed By

Gina Spaziano

Jay Spaziano Real Estate License #RS299032

Last Buyer's Agent

Alison Kingsley

Addison Wolfe Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1743

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Property is zoned RS/CM

Parking

  • On-Street Parking

Home Design

  • Stone Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Country Kitchen
  • Attic

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • New Hope Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-010-077

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,600

Year Built

Built in 1743

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1743
  • Automatically Close On Close Date: No
  • Remarks Public: A unique and historic opportunity awaits at 4 W. Mechanic Street in the very heart of downtown New Hope and in the hub of the town’s flourishing business and shopping district. Recognized as the oldest stone house by the New Hope Historical Society and part of the original Vansant Estate, is a one-of-a-kind property with both commercial/residential capabilities and extraordinary yesteryear detail with a historic past. This charming and versatile mixed-use property offers space for either a showroom or trade with its two levels of space. On the first floor you will find a cozy living room with a decorative fireplace, half bath and bedroom with a second period decorative fireplace. Head upstairs to discover a second bedroom with decorative fireplace, living space, full bath and kitchenette. Additional storage space can be found in the full basement and walkup attic. Attractive stonework, wide plank pine floors, deep window sills and a private courtyard to enjoy the changing of the seasons are just a few elements that give this space distinctive personality and exude charm. Whether you have plans to live where you work, establish a chic boutique or art gallery, this versatile space truly offers a wonderful opportunity to be the next curator. Look no further and take advantage of this highly sought-after location and remarkable river town to launch your vision or promote your business to the next level!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Attic, Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Family Room Off Kitchen, Exposed Beams, Floor Plan - Traditional, Kitchen - Country, Kitchen - Table Space, Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Attic
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1728
  • Living Area Sq Ft: 1728
  • Price Per Sq Ft: 508.68
  • Above Grade Finished Sq Ft: 1728
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: NEW HOPE-SOLEBURY
  • School District Key: 300200397328
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.20
  • Outdoor Living Structures: Terrace
  • Zoning: RS/CM

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7600.00
  • Assessor Parcel Number: 27-010-077
  • Tax Year: 2022
  • Close Date: 02/28/2025

MLS Schools

  • School District Name: NEW HOPE-SOLEBURY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Mar 4, 2025
Sold by
Malamut Family Trust and Malamut Michael Lee
Bought by
Mason Matthew T and Austin Elena
Seller's Agent
Jay Spaziano
Jay Spaziano Real Estate
Buyer's Agent
Alison Kingsley
Addison Wolfe Real Estate
List Price
$997,000
Sold Price
$840,000
Premium/Discount to List
-$157,000
-15.75%
Views
862
Current Estimated Value
$837,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,865
Avg. Annual Appreciation
-0.92%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Malamut Michael and Malamut Barbara
Bought by
Malamut Michael Lee and Malamut Barbara S

Purchase Details

Closed on
Jan 4, 2007
Sold by
Carney Janice T
Bought by
Malamut Michael and Malamut Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,875
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2000
Sold by
Sterling Wayne R and Sterling Donna V
Bought by
Carney Janice T
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $840,000 My Title Pro
Interfamily Deed Transfer -- None Available
Deed $667,500 None Available
Deed $435,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $345,000 Commercial
Previous Owner $416,875 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $840,000 -4.4% $486 / Sq Ft
11/25/2024 11/25/24 Price Changed $879,000 -7.4% $509 / Sq Ft
05/07/2024 05/07/24 Price Changed $949,000 -4.8% $549 / Sq Ft
09/30/2023 09/30/23 For Sale $997,000 -- $577 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,815 $51,200 $23,440 $27,760
2023 $7,601 $51,200 $23,440 $27,760
2022 $7,545 $51,200 $23,440 $27,760
2021 $7,384 $51,200 $23,440 $27,760
2020 $7,248 $51,200 $23,440 $27,760
2019 $7,079 $51,200 $23,440 $27,760
2018 $6,959 $51,200 $23,440 $27,760
2017 $6,703 $51,200 $23,440 $27,760
2016 $6,703 $51,200 $23,440 $27,760
2015 -- $51,200 $23,440 $27,760
2014 -- $51,200 $23,440 $27,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2058204

Bright MLS

APN: 27-010-077